Alta Equipment Group Inc
NYSE:ALTG
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Alta Equipment Group Inc
NYSE:ALTG
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Intrinsic Value
The intrinsic value of Alta Equipment Group Inc (ALTG) under the Base Case is 14.43 USD per share.
Compared with the current market price of 7.6 USD, the stock appears
Undervalued by 47% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Alta Equipment Group Does
Alta Equipment Group sells, rents, and services heavy machines used on construction sites, in warehouses, and in industrial yards. Its equipment lineup includes earthmoving and construction machines, forklifts, aerial lifts, and other material-handling gear. It also runs parts and repair services, which keeps customers' fleets working after the original sale or rental.
- Headquarters
- United States of America US
- Employees
- 2 750
- IPO date
- Apr 12, 2019
Revenue & Expenses Breakdown
Alta Equipment Group Inc
Earnings Waterfall
Alta Equipment Group Inc
The intrinsic value for Alta Equipment Group Inc (ALTG) under the Base Case is 14.43 USD.
Compared with the current market price of 7.6 USD, the stock appears Undervalued by 47% .